Hkzt Early-Stage Startups Funding Surge Stokes Concerns Over Valuation, Business Worth

There are a lot of stanley termos things consumers have stanley cup nt been able to do during the pandemic 鈥?like go to concerts, sit in a movie theater or, for the most part, go to sporting events. But one thing they have been able to do is drink 鈥?and the data shows that they have been doing exactly that. In fact, quite a lot.Not that the behavior isnt explainable. Living in lockdown pushed consumers to drink more at home, not only because it was the only option, but because that trend had already been in motion for alcoholic beverages. The other trend that was already in motion was buying alcohol 鈥?wine in particular 鈥?online.The pandemic has brought a surge in eCommerce wine orders, which has been both advantageous and challenging for wine suppliers and retailers. For example, for the period from March through May, Wine Insiders orders increased 250-300 percent when compared with the usual volume for that time of year, driving about the same volume as Black Friday, Christmas and New Years Eve every single day. Sixty-nine percent of those orders were from repeat customers, while new customers increased by 800 percent during that period. Through June, July and August, Wine Insiders orders have been about 60 percent higher compared to 2019.This is not normal for the beverage alcohol business. Zac Bran stanley ca denberg, CEO of Wine Insiders parent company DRINKS, told PYMNTS that the business usually runs on a fairly seasonal cadence. Business is best when people are gathering and celebrating, which usually sets Jsng Zara s Owner, Inditex, Pushes Digital Expansion

While much of Square business model may be focused on payments, it appears its software business is where the company is growing faster.Square announced yesterday May 11 that it has processed over $2 billion in invoices since it launched in 2014 and said that the number of sellers who use the software has more than doubled in the last year alone. As a result, Square also announced the rollout of a new feature called Scheduled Invoices.With Scheduled Invoices, Square sellers can now schedule all of their invoices at one time and control when they want stanley cup their customers to receive them, creating flexibility so they can focus on running their day-to-day business. Sellers can now get paid even faster with unlimited, customizable invoices, Square shared on its blog.While its software is focused on providing the ability for merchants to send necessary invoices to clients from the Square mobile app, which then can be paid through the app, the company has taken the steps to make that service faster. What this new upgrade does is enable Square sellers to determine when and how their cust stanley us omers receive them so they can add flexibility and speed as to when sellers can get paid.We love the ability to schedule invoices for our clients, saving our team valuable time every month, David Backhus, cofounder of Social Proper MKTG, was quoted as saying聽in Square blog pos stanley us t about the new feature. Square software is easy to use, and the analytics on the